HOOD
Robinhood Markets, Inc.
HOOD has the edge over NIC overall, supported by stronger valuation and stronger modeled upside.
NIC
Nicolet Bankshares, Inc.
NIC has lower modeled downside risk, despite its lower overall score.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
NIC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
NIC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like NIC.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over NIC in the historical PE scenario, which offers more potential upside but is not a forecast.
NIC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $108 | -38% |
| Forward | 13x | $174 | — |
| Fair | 14x | $125 | -28% |
| Expensive | 17x | $157 | -10% |
| Current | 19x | $174 | — |
Historical ranges are pointers, not guarantees.
NIC's PE is in its expensive range at 19x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its cheap range.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
HOOD has the edge over NIC on the outlook, with more favorable profitability expectations.
NIC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for NIC, with profitability holding steady.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD earned $2.16 per share over the past year, down 10% from the year before.
NIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +48% |
| Q3 2026 | $9.02 | -3.6% |
| Q2 2026 | $8.79 | +0.7% |
| Q1 2026 | $8.51 | +2.4% |
| Q4 2025 | $9.78 | +21% |
| Q3 2025 | $9.36 | +19% |
| Q2 2025 | $8.73 | +26% |
| Q1 2025 | $8.31 | +28% |
| Q4 2024 | $8.05 | +97% |
NIC earned $9.02 per share over the past year, down 3.6% from the year before.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over NIC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD's operating margin was 44% last quarter, down 5.9 points from the same quarter a year ago.
NIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $174.4M | +70% |
| Q2 2026 | $177.8M | +86% |
| Q1 2026 | $134.9M | +51% |
| Q4 2025 | $104M | +13% |
| Q3 2025 | $102.9M | +13% |
| Q2 2025 | $95.7M | +13% |
| Q1 2025 | $89.4M | +8.8% |
| Q4 2024 | $92.4M | +4.2% |
NIC's revenue has grown year over year for 14 quarters in a row: $174M last quarter, up 70% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | -3.9 points |
| Q2 2026 | 41% | -6 points |
| Q1 2026 | 14% | -31 points |
| Q4 2025 | 48% | +1.5 points |
| Q3 2025 | 50% | +5.4 points |
| Q2 2025 | 47% | +3.5 points |
| Q1 2025 | 45% | +3.1 points |
| Q4 2024 | 47% | +4.6 points |
NIC has the edge over HOOD on profitability, with a higher operating margin.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.
NIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $67.1M | +46% |
| Q2 2026 | $89.3M | +133% |
| Q1 2026 | $15.1M | -64% |
| Q4 2025 | $23.9M | -15% |
| Q3 2025 | $45.9M | +32% |
| Q2 2025 | $38.4M | +12% |
| Q1 2025 | $41.3M | +106% |
| Q4 2024 | $28.1M | -19% |
NIC's free cash flow was $195M over the past year, up 27% from the year before. Free cash flow isn't a meaningful measure for financial services companies like NIC.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has the edge over NIC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
NIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -186K shares |
| 1 year | +40% | +6.1M shares |
| 3 years | +44% | +6.6M shares |
| 5 years | +109% | +11.2M shares |
| Available history | +118% | +11.6M shares |
NIC has 22M diluted shares, up 40% from a year ago, despite $103M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $40M |
| Q2 2026 | $40.2M |
| Q1 2026 | $22.4M |
| Q4 2025 | — |
| Q3 2025 | $20.5M |
| Q2 2025 | $30M |
| Q1 2025 | $26M |
| Q4 2024 | $10.1M |
NIC spent $103M buying back its own shares over the past year, up 18% from the year before.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over NIC on leverage, with a lower net debt burden relative to earnings.
NIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.0x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.3x | Very low |
NIC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like NIC.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
NIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 64.4 | Neutral |
NIC's weekly RSI is 62 (neutral) and its Stochastic is 64 (neutral).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
NIC PE vs Financial Services Sector
| Metric | NIC | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 13x | 48% above |
| PE % | 90 | 63 | 27 pts above |
NIC has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
NIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $169.0 | 3.1% above |
| 20 week MA | $170.0 | 2.4% above |
| 50 week MA | $153.9 | 13% above |
| 100 week MA | $137.3 | 27% above |
| 200 week MA | $108.8 | 60% above |
NIC has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
NIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $74.6 | $68.0 | -8.9% |
| 2021 | $68.0 | $87.0 | +28% |
| 2022 | $87.0 | $80.9 | -6.9% |
| 2023 | $80.9 | $80.5 | -0.6% |
| 2024 | $80.5 | $104.6 | +30% |
| 2025 | $104.6 | $123.7 | +18% |
| 2026 YTD | $123.7 | $174.1 | +41% |
NIC has the edge over HOOD on returns for 2026, with the stronger performance.